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Oregon Senate Democrats will seek constitutional amendment after ETS bill failure

Published 23:02 on August 23, 2019  /  Last updated at 23:13 on August 23, 2019  /  Americas, Canada, US  /  No Comments

Oregon Senate Democrats will look to amend the constitution next year to prevent Republicans from denying the majority party a quorum to conduct legislative business, a feat that helped sink the US state’s WCI-modelled cap-and-trade proposal this summer.

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California LCFS stakeholders remain split on details of potential price cap, borrowed credits mechanism

Published 20:36 on August 23, 2019  /  Last updated at 22:10 on August 23, 2019  /  Americas, RINs & LCFS, US  /  No Comments

California regulator ARB’s proposal to implement a firm maximum price and borrowed credits mechanism in the state’s Low Carbon Fuel Standard (LCFS) has generated further suggestions to treat multiple crediting pathways fairly and improve environmental integrity, according to public comments.

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Connecticut facing further delays to enshrine RGGI Model Rule changes

Published 22:50 on August 22, 2019  /  Last updated at 22:50 on August 22, 2019  /  Americas, US  /  No Comments

Connecticut’s revised RGGI regulation to implement the regional carbon market’s post-2020 Model Rule changes will not be heard as planned next week by a legislative committee and could face additional delays, a state official told Carbon Pulse.

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RINs continue bounce as Trump administration reportedly mulls biofuel waiver remedies

Published 22:34 on August 22, 2019  /  Last updated at 22:50 on August 22, 2019  /  Americas, RINs & LCFS, US  /  No Comments

US biofuel credit prices (RINs) rose for a third straight day on Thursday on news that President Donald Trump’s administration was continuing to explore options to address the fallout from Renewable Fuel Standard (RFS) compliance waivers handed out this month.

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US presidential candidate Sanders sets out energy decarbonisation by 2030, $200 bln GCF contribution

Published 18:32 on August 22, 2019  /  Last updated at 18:39 on August 22, 2019  /  Americas, Carbon Taxes, International, Kyoto Mechanisms, New Market Mechanisms, US  /  No Comments

US Senator and 2020 Democratic presidential candidate Bernie Sanders unveiled Thursday his wide-ranging environmental plan modelled on the Green New Deal, aiming to decarbonise the country’s energy supply over the next 10 years and ramp up America’s international climate commitments under the UN Paris Agreement and Green Climate Fund (GCF).

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NA Markets: California allowances dip ahead of auction, RGGI units continue fall

Published 18:25 on August 22, 2019  /  Last updated at 18:25 on August 22, 2019  /  Americas, Canada, US  /  No Comments

California Carbon Allowance (CCA) prices declined this week ahead of the Q3 WCI auction, while RGGI allowances (RGAs) continued their bearish trend to remain at an 11-month low on the secondary market.

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CARBON FORWARD 2019 – EU renewable credit prices stumble ahead of France auction debut

Published 08:39 on August 22, 2019  /  Last updated at 11:20 on August 22, 2019  /  Africa, Americas, Asia Pacific, Australia, Aviation, Bavardage, Canada, Carbon Taxes, China, China's National ETS, China's Offset Market, China's Pilot Markets, Climate Talks, EMEA, EU ETS, International, Japan, Kyoto Mechanisms, Mexico, Middle East, New Market Mechanisms, New Zealand, Other APAC, REDD, RINs & LCFS, Shipping, South & Central, South Korea, Switzerland, US, Voluntary Market  /  No Comments

**THIS IS A FREE ARTICLE** – The 4th annual Carbon Forward conference & training day features key insights from environmental markets experts.

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Speculators increased RGGI holdings in Q2 2019 -report

Published 22:54 on August 21, 2019  /  Last updated at 22:54 on August 21, 2019  /  Americas, US  /  No Comments

Speculators’ RGGI allowance (RGAs) holdings rose during the second quarter of 2019 as trading activity also increased in the Northeast US ETS, according to a new report.

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Canadian Conservative climate plan seen missing Paris target by nearly 200 Mt -report

Published 22:31 on August 21, 2019  /  Last updated at 22:38 on August 21, 2019  /  Americas, Canada, Carbon Taxes, International  /  No Comments

The Canadian federal Conservatives’ climate plan would take the country even further off its Paris Agreement GHG target by scrapping or altering a variety of CO2 pricing and clean fuel measures and replacing them with negligible or difficult-to-measure initiatives, according to a new policy brief.

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New York set to finalise RGGI regulation this fall –source

Published 22:21 on August 21, 2019  /  Last updated at 22:21 on August 21, 2019  /  Americas, US  /  No Comments

New York is expected to finalise draft regulations over the next two months to implement the post-2020 Model Rule for the Northeast US RGGI carbon market, a regulatory source told Carbon Pulse.

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